Housing sales and construction show slight improvement to stagnation
- by New Deal democrat
I have a new post up at XE.com discussing this month's housing sales and construction releases.
There is a very slight uptrend, but by and large, the market has stagnated. I also comment on what I expect in the next 6 months or so. Housing is crucially important, because more than anything else, it forecasts the economy 12-18 months out.